Launch Credit Union
| Weiss Ratings |
Launch Credit Union
Merritt Island, FL |
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| Rating | ||||
| Asset Quality Index | 9.20 | |||
| Capitalization Index | 6.20 | |||
| Liquidity Index | 2.70 | |||
| Profitability Index | 2.30 | |||
| Stability Index | 5.90 | |||
| Company Info |
Launch Credit Union
Merritt Island, FL |
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| NCUA Charter Number | 2958 | |||
| Phone Number | (321) 455-9400 | |||
| Website | www.launchcu.com | |||
| Asset Quality |
Launch Credit Union
Merritt Island, FL |
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| 1-Year Asset Growth | 1.71% | |||
| 5-Year Asset Growth | 12.50% | |||
| 5-Year Charge-Offs to Average Loans | 0.45% | |||
| Charge-Offs to Average Loans | 0.68% | |||
| Non-Performing Assets to Assets | 0.21% | |||
| Non-Performing Loans to Capital | 2.30% | |||
| Non-Performing Loans to Loans | 0.23% | |||
| Balance Sheet |
Launch Credit Union
Merritt Island, FL |
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| Total Assets | 1.40B | |||
| Total Deposits | 1.15B | |||
| Capital and Reserves |
Launch Credit Union
Merritt Island, FL |
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| Capital | 121.14M | |||
| Leverage Ratio | 8.73 | |||
| Loan Loss Reserves to Loans | 0.74% | |||
| Liquidity |
Launch Credit Union
Merritt Island, FL |
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| Hot Money Ratio | 13.08% | |||
| Liquidity Ratio | 14.91% | |||
| Profitability |
Launch Credit Union
Merritt Island, FL |
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| 5-Year Return on Average Assets | 0.44% | |||
| Net Income | 1.52M | |||
| Net Interest Spread | 4.66% | |||
| Operating Profit to Average Assets | 0.96% | |||
| Overhead Efficiency Ratio | 81.31% | |||
| Return on Assets | 0.44% | |||
| Return on Equity | 5.05% | |||